The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

The IRS's new six-year rule offers relief for taxpayers with overdue returns, but strict refund deadlines remain. Act swiftly to secure refunds and avoid penalties.

LAKE FOREST, IL – An Illinois physician, Dr. Krishnaswami Sriram of Lake Forest, has been sentenced to 34 months in prison after being convicted of health care fraud and for concealing assets and ...

The first government shutdown in nearly seven years began at midnight after lawmakers failed to reach a deal on extending funding.

Francisco Gil tried to claim his status as an independent contractor entitled him to tax deductions for travel, meals and marketing expenses. The IRS and a federal judge said he was in fact an ...

The Narwhal reports on Russell Myers Ross's effort to build fire-resistant homes in the Tsilhqot’in Nation, enhancing community resilience against climate change.

Gateway Commercial Finance reports that as businesses face evolving cybersecurity threats in 2025, safeguarding financial transactions is crucial.